Banking

by Brian Czech

Banks are macroeconomic mirrors. They reflect the activity of the real economy. If the economy is growing, so are the banks, starting with the Federal Reserve and its regional banks, all the way out to tiny First Michigan Bank, Oakwood Bank (the smallest bank in bank-laden Texas), and the patriotically named Citizens Bank of Americus (Georgia).

Not only do the banks,

The post Lesson from a Failed Bank: Only One Real Start-Up appeared first on Center for the Advancement of the Steady State Economy.

By The Center for Economic and Policy Research The New York Times seems to think it is a newspaper’s job to promote bank panics wherever possible. It would be difficult to explain its reporting on the Silicon Valley Bank’s (SVB) collapse any other way. Last week it ran a piece implying that Silicon Valley’s tech sector was […]

The post New York Times Tries for Pulitzer Prize in Irresponsible Reporting on Bank Crises appeared first on scheerpost.com.

Briahna Joy Gray and Matt Stoller discuss the collapse of SVB, and anti-trust in relation to East Palestine and the prospective merger between Jet Blue and Spirit Airlines.

The post The Roots of the Silicon Valley Bank Collapse (w/ Matt Stoller) appeared first on scheerpost.com.

This is a wide-ranging discussion about the anatomy of bank failures. Dave Kelley, the moderator, is a pension actuarial expert, headquartered in Ohio. Chairman of the Domestic Policy subcommittee of the Govt Oversight Committee, Kucinich, as a senior member of Congress, investigated the subprime meltdown (see you tube videos), grilling Wall Street titans. Michael Hudson […]

The post Dennis Kucinich and Michael Hudson on the Anatomy of Bank Failures appeared first on scheerpost.com.

Qun Harris, Ieva Sakalauskaite and Misa Tanaka After the 2007–08 Global Financial Crisis (GFC), several jurisdictions introduced remuneration regulations for banks with the aim of discouraging excessive risk-taking and short-termism. One such regulation is the bonus cap rule which was first introduced in the European Union (EU) and the United Kingdom (UK) in 2014. This … Continue reading Does the bonus cap work? →

The payments system is merely a technical and bookkeeping question, mundane in the end. The idea of operating it with only reserves puts in stark relief a far more important question: What is the point of banks at all?

I have been looking at The Moorad Choudry Anthology: Past, Present and Future Principles of Banking and Finance (Amazon affiliate link, and as the title suggests, by Moorad Choudhry) as a source for my banking primer. Professor Choudhry teaches in the M.Sc.